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Exemption From Section 101(c)(1) of the Electronic Signatures in Global and National Commerce Act for Registered Investment Companies

SEC · final-rule · Published 2000-08-02 · Effective 2000-10-01 · 65 FR 47281

Document

Document number
00-19446
Federal Register citation
65 FR 47281
CFR reference
17 CFR 230
Type
Rule
Action
Interim final rule with request for comments.
Category
final-rule
Agency
US Securities and Exchange Commission
Publication date
2000-08-02
Effective date
2000-10-01
Docket
Release Nos. 33-7877

Abstract

The Securities and Exchange Commission is adopting, as an interim final rule, rule 160 under the Securities Act of 1933 to exempt from the consumer consent requirements of the Electronic Signatures in Global and National Commerce Act ("Electronic Signatures Act") prospectuses of registered investment companies that are used for the sole purpose of permitting supplemental sales literature to be provided to prospective investors. Consistent with Commission interpretations of existing law, the rule permits a registered investment company to provide its prospectus and supplemental sales literature on its web site or by other electronic means without first obtaining investor consent to the electronic format of the prospectus. The Commission also is clarifying its interpretation on the responsibility of registered investment companies for hyperlinks to third-party web sites from their advertisements or sales literature.

Source

Authoritative
Federal Register document
Machine
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